Central banks and marketsThu 29 Oct 2026 · 10 of 11

Fed FOMC keeps rates unchanged at 3‑3/4 to 4 percent

Verified · 7/7 supported1 cited · 1 min read

The Federal Open Market Committee approved the statement by a 10‑2 vote . The Committee decided to maintain the target range for the federal funds rate at 3‑3/4 to 4 percent . It also continued its policy of maintaining ample reserves in the banking system . The statement noted that economic activity is expanding at a strong pace, with resilient domestic spending, strong productivity growth, robust capital investment, job gains keeping pace with the workforce, and little change in the unemployment rate . Inflation remains elevated, and the Committee aims to return it to its 2 percent target .

Why it matters. The Committee says additional information will help shape future policy to achieve a timely return of inflation to the 2 percent goal .

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